FY 26 Proposed Capital Budget Book

Lease/SBITA Assets

Expended/Encumbered as of 2/4/25: $834,981

HIGHWAYS - MISCELLANEOUS Project Number: H244503 Council District: Multiple Location: Various Est. Debt Service: $0

(annual)

Expended/Enc.

Budget

Project Schedule/Status: Multiple highway fund leases and SBITAs ending at different time periods.

PROJECT DESCRIPTION: Under the new Governmental Accounting Standard Board (GASB) 87: Leases and 96: Subscription Based Information Technology Arrangements (SBITAs), these funds will be used to purchase lease and SBITA assets through lease financing agreements.

EXPENDITURE SCHEDULE

Cost Element

Prior

FY 2026 Approp Total

FY 2027 FY 2028 FY 2029 FY 2030 FY 2031

TOTAL

Engineering/Design Land Acquisition

0 0 0 0

0 0 0 0

Construction

Inspection Fees

Equipment/Furnishing

2,000,000 1,500,000 3,500,000 300,000 300,000 300,000 300,000 300,000 2,000,000 1,500,000 3,500,000 300,000 300,000 300,000 300,000 300,000

5,000,000 5,000,000

Total Cost:

FUNDING SCHEDULE

R7150 Lease Finance R7151 SBITA Finance

1,000,000

1,000,000

1,000,000 4,000,000

1,000,000 1,500,000 2,500,000 300,000 300,000 300,000 300,000 300,000

0 0 0

0 0 0

Total Cost:

2,000,000 1,500,000 3,500,000 300,000 300,000 300,000 300,000 300,000

5,000,000

340